Bitcoin Forum
May 05, 2024, 05:33:36 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 60 Minutes: Stock Market Rigged  (Read 1317 times)
CoinRocka (OP)
Sr. Member
****
Offline Offline

Activity: 249
Merit: 250


View Profile
March 30, 2014, 11:45:19 PM
 #1

Summation:  Some exchanges perform hyper-transactions based on better fiber runs.  Requested customer trades get to these exchanges .3 seconds faster and allow them to react accordingly.  Pulling back the curtain a little bit at a time. 

 
1714930416
Hero Member
*
Offline Offline

Posts: 1714930416

View Profile Personal Message (Offline)

Ignore
1714930416
Reply with quote  #2

1714930416
Report to moderator
BitcoinCleanup.com: Learn why Bitcoin isn't bad for the environment
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714930416
Hero Member
*
Offline Offline

Posts: 1714930416

View Profile Personal Message (Offline)

Ignore
1714930416
Reply with quote  #2

1714930416
Report to moderator
derpinheimer
Legendary
*
Offline Offline

Activity: 896
Merit: 1000


View Profile
March 31, 2014, 12:15:51 AM
 #2

This isnt something new, I saw a "documentary" on this. But I cant dig it up..

Swordsoffreedom
Legendary
*
Offline Offline

Activity: 2758
Merit: 1115


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
March 31, 2014, 12:22:20 AM
 #3

Isn't that High Frequency Trading or am I thinking of something else
Aka arbitrage bots

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
hyde
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
March 31, 2014, 12:22:38 AM
 #4

This isnt something new, I saw a "documentary" on this. But I cant dig it up..



Yep. High frequency trading,  quote stuffing.. do you REALLY think they're going to play fair?! Bahaha
franky1
Legendary
*
Offline Offline

Activity: 4214
Merit: 4470



View Profile
March 31, 2014, 12:24:37 AM
 #5

wow after decades of forex traders trying to get their systems as close as they can to the main trading exchange hubs. you have just realized that there is a small mircosecond advantage of speed.

this is why using trade bots and 3rd party platforms are not as desired compared to trading directly on the exchange because these bots/trade site companies are using relaying info.

EG zeroblock is one step away from trading direct with the exchange. so expect your orders to show after traders directly on exchanges

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
ryanmnercer
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile WWW
March 31, 2014, 12:26:17 AM
 #6

This isnt something new, I saw a "documentary" on this. But I cant dig it up..



Exactly, since computer trading started they've always been a step ahead by having a closer and/or faster data connection to give them a fraction of a second (or more) advantage.

Buy peptides with BTC
5thStreetResearch
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile WWW
March 31, 2014, 12:36:35 AM
 #7

hft firms print money

Bit_Happy
Legendary
*
Offline Offline

Activity: 2100
Merit: 1040


A Great Time to Start Something!


View Profile
March 31, 2014, 04:23:32 AM
 #8

Good traders can make money knowing the market is "rigged".
"Insider trading" should be legal....Let the buyer beware.

counter
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


Time is on our side, yes it is!


View Profile
March 31, 2014, 04:46:55 AM
 #9

yea I heard about this.  People making large sums of money so they can get there trades in faster then everyone else.  Sounds like some unfair advantages to me...
hypostatization
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
March 31, 2014, 11:44:48 AM
 #10

Cryptocurrency systems have potential to level the playing field.

xrptalk.org :: setup a wallet + trade all currencies :: gateway reviews @ coinist.co :: deposit to buy xrp @ snapswap [now supporting PayPal withdrawls + instant ACH transfer deposits]
CrossCoin Ventures startup accelerator - offering XRP funding up to $50,000 USD equivalent
EndlessWin
Full Member
***
Offline Offline

Activity: 139
Merit: 100


View Profile
March 31, 2014, 11:58:12 AM
 #11

yea I heard about this.  People making large sums of money so they can get there trades in faster then everyone else.  Sounds like some unfair advantages to me...
do you have a source for that? would really like to read about it or watch a documentary of some sort.

tired of identical bitcoin forks? try out BCN - no ASICs, no transaction tracking https://bitcointalk.org/index.php?topic=512747.0
cedivad
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001



View Profile
March 31, 2014, 12:00:38 PM
 #12

0.3 seconds? No, it's more like 0.3 milliseconds.
Posted from Bitcointa.lk - #q34iigucsfpHJ5oE

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
rosechose00
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
March 31, 2014, 12:59:50 PM
 #13

0.3 seconds? No, it's more like 0.3 milliseconds.
Posted from Bitcointa.lk - #q34iigucsfpHJ5oE
You too exaggerated
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!